| Abstract: | This paper delineates the specialty field of forensic industrialorganization (IO) as the application of theoretical and empiricalindustrial organization economics in the legal process of competitionlaw enforcement. Four stages of that process that can benefitfrom forensic IO techniques are distinguished: detection andinvestigation; case development; decision-making and litigation;and remedies, sanctions, and damages. We survey the use of economicsin such aspects as identifying potential forms of anticompetitivebehavior, screening markets for competition law violations,determining causality, advising on appropriate remedies, andassessing antitrust damages. The paper discusses the role ofexpert economic witnesses in competition cases. It calls foran organization of forensic IO within the context of existingforensic institutes. |
